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ReportingPower Games
3 min read

SCOTUS punts Fed independence question to future courts

On the surface, Monday's Supreme Court ruling that keeps Lisa Cook in place as a Federal Reserve governor for now was a win for believers that the central bank works best when insulated from the day-to-day control of...

Why it matters: On the surface, Monday's Supreme Court ruling that keeps Lisa Cook in place as a Federal Reserve governor for now was a win for believers that the central bank works best when insulated from the day-to-day control of...

ReportingPower Games
3 min read

Supreme Court says Trump can't fire Fed governor Lisa Cook

The Supreme Court said Monday that President Trump could not fire Federal Reserve governor Lisa Cook, a blockbuster ruling that limits the president's influence on the central bank.

Why it matters: The Supreme Court said Monday that President Trump could not fire Federal Reserve governor Lisa Cook, a blockbuster ruling that limits the president's influence on the central bank.

1 min read

Fed's Cook Says Inflation More of a Risk Now Due to Iran War

Federal Reserve Governor Lisa Cook says the Iran war has made inflation a bigger risk for the U.S. economy. That matters because the Fed may now stay tougher on interest rates,...

Why it matters: Federal Reserve Governor Lisa Cook says the Iran war has made inflation a bigger risk for the U.S. economy. That matters because the Fed may now stay tougher on interest rates,...

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